Economy – Page 31 – Schirach Report

Mountains of Debt in Greece…And In China Debt financed growth is a terrible strategy. Greece is ruined, and China may get there soon

WASHINGTON – There is nothing promising in the outcome of the “European Tour” taken by Greek Prime Minister Alexis...

America Needs To Invest $ 3.6 Trillion To Fix Its Crumbling Infrastructure Because of political gridlock and a punitive tax system the US is doing too little to upgrade old highways, ports and airports

WASHINGTON – A prominent victim of the policy paralysis caused by Washington’s toxic political climate is America’s basic infrastructure. For the Republicans,...

Kiev Should Admit That the War In The East Is Lost Arming Ukraine will not help resolve this conflict

WASHINGTON – The now chronic crisis in Eastern Ukraine is getting worse. The cease-fire did not work. The Russia-backed...

US Economy Up By Only 2.6% In The Fourth Quarter Just a few days ago Obama had declared victory. It turns out that America has not yet regained its old momentum

WASHINGTON – The White House communications and policy teams are not in luck. Not too long ago they told...

Advice To Europe: Deregulate And Cut The Red Tape Steven Rattner, a centrist, writes that Europe's problem is a suffocating regulatory environment

WASHINGTON – Well known Wall Street financier Steven Rattner stated the obvious about Europe’s lack of competitiveness and what to...

China Facing Population Decline Now some Chineese women are allowed to have two children; but very few choose to do so

WASHINGTON – It looks totally implausible, but China is facing the real danger of a declining population. Yes, with...

China’s Plans To Improve Air Quality Fall Short Chinese reserachers estimate that official goals will not be met. Air pollution will continue

WASHINGTON – After decades of denials, at least the Chinese authorities now recognize that they have a huge environmental...

Syriza Victory Is Not A Solution For Greece The new government will probably gain some breathing room. But a socialist leadership will be unable to kickstart economic growth

WASHINGTON – As expected, Alexis Tsipras and his Leftist Syriza party won the Greek elections for a new parliament. After...

No More Start-Ups In America Surveys indicate a decline of new businesses. An alarming phenomenon

WASHINGTON – There is an almost unquestioned belief that America is the land of entrepreneurs. This is “start-up” country....

The ECB Launched Its Own QE – But Growth Expectations Will Not Be Met Eueope needs serious pro-growth reforms. And they are not coming. The idea that even lower interest rates will trigger growth is foolish

WASHINGTON – Here we go. European Central Bank (ECB) President Mario Draghi launched his own version of QE, or “Quantitative...